Not all lenders charge the same fees and they can range in price. Typically, the more specialist the lender, the more the fees are.

• Application fees (Also known as establishment fee)
• Property valuation fees
• Ongoing fees (i.e., Annual fees)
• Late payment fee (Also known as a default fee)
• Early exit fee (If you fully repay the loan before the end of the loan term and close the loan early you will need to pay an early exit fee)
• Discharge fee (Paid when you have repaid your mortgage in full)
• Break fees (If you switch loans during a fixed rate term)
• Redraw fees
• Account-keeping fee for offset account (Paid if you have an offset account attached to your loan)
• Lender’s Mortgage Insurance (LMI) (required if your deposit is less than 20%)